No resolution as yet, apply the workaround if affected by this issue.
Workaround:
In Configure - Policies - Add a new policy named for example "AVS ESXi Hosts", keeping the option to Inherit From: vSphere Solution's Default Policy.
Select Metrics and Properties and use vCenter Host System as the Object Type.
Browse to Properties - Network - Discovery Protocol and Deactivate all the metrics in Cisco Discovery Protocol and Link Layer Discovery Protocol.
Select SAVE
Select Groups and Objects and under Objects select vCenter - Host System and tick the box to apply the new policy to the Azure VMware Solution related ESXi host(s).
Select SAVE
Wait for the next vCenter collection cycle and verify all metrics are now being collected and the Virtual Machines are being displayed in all default dashboards.